SHUAA managed Nujoom funds announce first dividend

DUBAI: SHUAA Capital psc announced the first dividend for investors in two of its Sharia-compliant funds, offering a 1% cash dividend for the fourth quarter of 2020. The dividend is…

NNR January 24, 2021

SGX and Temasek form JV to advance digital asset infrastructure in capital markets

The partnership between SGX and Temasek combines SGX’s multi-asset experience and strength, together with Temasek’s expertise in blockchain technology and ecosystem connectivity. SINGAPORE: Singapore Exchange (SGX) and Temasek have entered…

NNR January 23, 2021

New e-commerce operation for Farfetch extends Clipper’s European footprint

LONDON: Clipper Logistics plc has entered into an agreement with Farfetch to provide pan-European e-fulfilment and returns management services from a new facility in Venray, Netherlands. Farfetch is the leading…

NNR January 21, 2021

The $628 million dispute between Sui Southern Gas and K-Electric taking further toll on power utility

ISLAMABAD: The over Rs100 billion ($628 million) dispute between Sui Southern Gas Company (SSGC) and K-Electric Limited (KE), which is already deterring acquisition of KE by Shanghai Electric, is going…

Ali Mirza January 21, 2021

NEPRA unveils its CSR initiative “Power with Prosperity”

ISLAMABAD: In a bid to introduce an inclusive development model in the power sector of Pakistan, National Electric Power Regulatory Authority (NEPRA) has envisioned developing a Corporate Social Responsibility (CSR)…

NNR January 19, 2021

EFG Hermes ranks first in Egypt, Kuwait, Dubai, and Kenya

The division leveraged its position across its footprint to capture significant market shares and lead the ranks in numerous markets despite challenges CAIRO: EFG Hermes, the leading financial services corporation…

NNR January 19, 2021

Emirates Group rolls out COVID-19 vaccination programme

Immunisation drive starts today for UAE based workforce DUBAI: The Emirates Group Monday rolled out a COVID-19 vaccination programme for its substantial UAE based workforce in coordination with the Dubai…

NNR January 18, 2021

GIB Capital named best debt house for Saudi Arabia and Bahrain by EMEA Finance

Osamah Mohammed Shaker, CEO of GIB Capital, said, "These awards recognise our ongoing leadership in the debt capital markets and our success.” RIYADH: GIB Capital, the Riyadh-based investment banking and…

NNR January 18, 2021

DFM commences Real Estate Investment Trusts trading with listing of Al Mal Capital’s REIT

DUBAI: Dubai Financial Market (DFM) Monday hosted a bell ringing ceremony to celebrate the commencement of Real Estate Investment Trusts (REITs) trading with the listing of Al Mal Capital's REIT,…

NNR January 18, 2021

Parkland Fuel Corporation

Parkland Fuel Corporation is a Canadian independent fuel retailing company based in Calgary, Alberta. Its subsidiaries include several gas station chains, including Pioneer, Fas Gas Plus and Ultramar, as well…

NNR January 17, 2021

Finance House launches Al Rabeh Business to support local business growth

ABU DHABI: Finance House announced the launch of “Al Rabeh Business” to support local businesses, by offering a suite of products to simplify financial services and provide enhanced earnings, ease…

NNR January 17, 2021

Bahrain Bourse kicks-off Smart Investor Program in collaboration with INJAZ Bahrain

BAHRAIN: Bahrain Bourse (BHB) in collaboration with INJAZ Bahrain officially announced the kick-off of the 3rd edition of the Smart Investor Program, in its electronic version, targeting elementary students for…

NNR January 17, 2021